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5 July 2024 | 2 replies
I'm seeking suggestions on how to expand beyond my current investments, which consist of one long-term rental and my current primary residence.Background: In 2020, I purchased my primary single-family home near Camp Lejeune, NC, using a 0% down VA loan for approximately $184k.
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3 July 2024 | 6 replies
I've been a full-time real estate investor since 2019 and have flipped hundreds of houses and currently own a 50+ SFH rental portfolio (including short-term & long-term rentals).
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3 July 2024 | 4 replies
Our group doesn't want to create a huge number of vacancies, so some of the NOI is being trimmed in the short term.
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5 July 2024 | 5 replies
Hey Glenn, To keep it simple (and in general terms), bigger banks usually do not fund distressed properties that need rehab.
3 July 2024 | 5 replies
HelloI have a land contract that I’m currently paying on but would like to convert to a longer term (15 yr?)
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3 July 2024 | 2 replies
If the seller is open to seller financing, I was thinking of putting in a full price offer with 10% down and maybe terms of 30 years with 4% interest rate.
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6 July 2024 | 8 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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2 July 2024 | 29 replies
. - The as-is value was $265,000, and I was able to get a short-term loan for $212,000 (0.80 * $265,000)- My down from hand was ($232,500 - $212,000) = $20,500- Including the closing costs, appraisal, inspection, and all other charges, my total BUY was $32,598Rehab:- It was a fixer upper.
2 July 2024 | 5 replies
Not sure what your short term rental regulations are for your area, but if HOA allows, airbnb could be a great way to acquire short-term, mid-term, or long-term roommates.
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3 July 2024 | 14 replies
But if you decide you are going to permit it, you need to have a contract drafted that protects you in case he is negligent or doesn't comply with the terms of the agreement.